What do you think about trading feature? - page 8.

Oshosondy

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Quote from: cafter on October 16, 2023, 08:51:10 AM

Gambling sites like Bc.game and Rollbit now include trading feature in their casinos. In this game we need to predict small fluctuations in price over a short period of time.
This is became my favorite game. What do you think of this game?
Do you think this game gives us some advantage/edge to casino? Because most of the time, prices tend to Follow a repeating pattern like Up-Down Up-Down in a range.

This is called binary options and some people regard it as trading, but we traders consider it as binary option which is more related to gambling. It is different from the options on crypto trading platforms.

I saw it recently on bc.games but I did not know it is truly what I am thinking that it is

About your question about it, you can use small amount of money to have fun with it. In trading, you can choose from some seconds to minutes and if it is like that on those gambling sites, you can try it with $0.5 each every 30 seconds.

Fivestar4everMVP

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Quote from: cafter on October 16, 2023, 08:51:10 AM

Gambling sites like Bc.game and Rollbit now include trading feature in their casinos. In this game we need to predict small fluctuations in price over a short period of time.
This is became my favorite game. What do you think of this game?
Do you think this game gives us some advantage/edge to casino? Because most of the time, prices tend to Follow a repeating pattern like Up-Down Up-Down in a range.

Well, let me first start by saying that I don't know when Bc.game and Rollbit implemented this feature in to their casino, but i think they are not actually the first, if i am not wrong, I think freebitco have had the price prediction game running for quite some time now, even though they only offer price prediction on only Bitcoin, Ethereum which are the two major cryptocurrencies, and then FUN token which is their in-house token.

So, if Bc.game and Rollbit have decided to follow suit by also implementing the price prediction game into their gaming system as well, I think it's a good development, since this also gives gamblers another option of what to gamble their money on, it's a welcomed development and one that could win traders over to try their luck with gambling.

Porfirii

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I've considered trading a way of gambling for quite some time now, especially when we talk about futures or intra-day trading, so I think that the target already exists as users in the exchanges. On the other hand, taking into account that the current users of crypto casinos are already familiar with cryptos (obvious) and many of them also like trading, I think that this hybrid can be successful, so chances are that we see this kind of games soon in other betting platforms too.

Awaklara

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Quote from: cafter on October 16, 2023, 08:51:10 AM

This is became my favorite game. What do you think of this game?

I haven't tried it, but I'm sure it's not part of trading like you trade coins on an exchange.
Maybe it's also part of a new game of guessing the price of a coin, whether it will go up or down. The casino does not incorporate trading features into gambling, it is an alternative game with number prediction bets. it also relies on your luck.

Wiwo

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Quote from: cafter on October 16, 2023, 08:51:10 AM

Gambling sites like Bc.game and Rollbit now include trading feature in their casinos. In this game we need to predict small fluctuations in price over a short period of time.
This is became my favorite game. What do you think of this game?
Do you think this game gives us some advantage/edge to casino? Because most of the time, prices tend to Follow a repeating pattern like Up-Down Up-Down in a range.

You mean currency speculations?

Because seeing the title of gambling trading feature is new and something that we have not really had any successful projects that can combine both in one place, this is because both casino and exchange are two different services that their operations are widely opposites each other and can be hard or almost impossible to combine the two.

But from your explanation, what you describe is still gambling as long as you are just taking part in the coin price predictions, and not engaging in those coin exchanges at some point let's say we have some level of freedom to speculate the directions the price of that coin we go and it works in our favour, you win.

Nwada001

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I have not checked out such features to see what it looks like, but this will not be any different from a normal price prediction game, and at the same time, I might also view it as a forex trading kind of thing. The difference here is that if you predict the price of the currency pair you choose to gamble with to be in a particular state at your selected time, and when the time is off checking the price list and you happen to have a little price difference, either more than expected or not, won't the game be lost?

Price repeats most times, but we can't always expect it to happen that way, because that will make it very simple to predict and the gamblers will have a higher winning chance, which the casino won't allow as it will stop them from making a gain and the gamblers winning all the time. The currency price seems to be hard to predict sometimes as not what we expect is always an end result.

Marvelman

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Quote from: cafter on October 16, 2023, 08:51:10 AM

What do you think of this game?

That ain't really trading! More like some mashup of gambling and taking wild guesses on where prices are headed in the near future. For sure it can be fun, but luck's got more to do with it than any real trading strategy. And getting an edge over the casino? Ha! Theyre the house for a reason - odds are stacked in their favor. So yeah, gonna say that's a nope!

cafter

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Gambling sites like Bc.game and Rollbit now include trading feature in their casinos. In this game we need to predict small fluctuations in price over a short period of time.
This is became my favorite game. What do you think of this game?
Do you think this game gives us some advantage/edge to casino? Because most of the time, prices tend to Follow a repeating pattern like Up-Down Up-Down in a range.

Topic: What do you think about trading feature? - page 8. (Read 1029 times)